SMIC(688981) 证券时报网·2025-02-14 02:12Group 1 - Alibaba's stock surged in Hong Kong, reaching a peak increase of 9.1%, the highest since January 2022, with a year-to-date increase of 41.63% and a trading volume of 400.6 billion HKD on February 13 [1][2] - The collaboration between Alibaba and Apple to advance AI large model technology has been confirmed, enhancing market confidence in Alibaba's innovative capabilities [2][5] - The overall performance of Chinese tech stocks, including Alibaba, has been buoyed by a recovery in the Chinese economy and advancements in AI technology, leading to a significant rise in the Nasdaq Golden Dragon Index [7][8] Group 2 - Alibaba's innovative business developments, such as the commercialization of Xianyu and integration of AI technologies, are crucial for capturing the AI wave and attracting younger consumers [4][3] - The company has repurchased shares worth 1.3 billion USD in Q4 2024, totaling 16 billion USD for the entire year, reflecting strong confidence in the current market environment [4] - Analysts maintain a strong recommendation for Alibaba, citing its competitive edge in AI and potential for growth in the cloud services sector [5][6]